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Supplier relationship Management
Best methods to achieve strategic objectives for Supplier relationship Management

For many years, purchasing was viewed more as a transactional role that involved negotiating a

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How Data Cleansing and Enrichment leads to Inventory cost reduction

In order to eventually optimize inventory, it is imperative to have visibility into what the

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What is Data taxonomy
Why is taxonomy necessary for Spend Analysis?

What is taxonomy Taxonomy is a classification system that organizes and defines the relationships between

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Master Data In An Asset Intensive Organizations
Consequences of bad quality Master Data in an Asset Intensive Organizations

There are consequences to bad quality master data, which impact the organization across functions –

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strategic sourcing
Role of Strategic Sourcing in efficient Procurement Management

Why is strategic sourcing important? Strategic sourcing can provide considerable benefits to manufacturing companies, the

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MRO in 2022
Bringing MRO into the modern world in 2022

One of the oldest trends in the world of MRO, often observed in the industry,

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Plant reliability
How to improve MRO supply chain management and enhance plant reliability?

Individual MRO resource management is the first step in improving the MRO supply chain management

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Impact of vendor consolidation
Impact of vendor consolidation on supply chain management

Vendor consolidation has been popular for several decades. It is a supply chain management strategy, where

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Low Cost Country Sourcing, MRO master data excellence
The Complete Guide to MRO Master Data Excellence

This guide will give you insights about best practices in MRO Master Data Management, what

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sustainable procurement tactics
Sustainable Procurement tactics that drive Results

What is sustainable procurement? Sustainable Procurement encompasses a wide range of activities, including the purchase

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